Overview
This role is a Bank Credit Risk Analyst Lead responsible for credit risk strategy development and monitoring for card, consumer, and deposits credit portfolios. The position also owns operational and compliance risk associated with credit strategy, using quantitative methods to identify credit risk, develop and deliver strategies, and track credit strategy performance and external factors affecting risk exposure.
Responsibilities
- Leverage and share industry best practices and analytical skills to identify risks and opportunities in the managed portfolio and translate findings into credit risk strategy solutions.
- Use banking product knowledge and critical thinking to lead analyses, identify root causes, and develop clear, concise recommendations to support credit risk strategy development and influence senior decision makers.
- Lead and partner to deliver bank credit risk strategies across lines of defense by developing and improving complex analytical frameworks, analyzing data and processes, and communicating insights/recommendations to stakeholders and senior leadership.
- Lead analysis of internal and external scores/data for use in identifying first-party fraud.
- Apply industry knowledge and competitive benchmarking to lead, inform, and influence credit strategy development.
- Proactively lead development of advanced and nuanced quantitative analysis using internal and external data sources to address ambiguous and challenging problems.
- Develop, manage, and present comprehensive risk and financial reporting to support senior management and committee oversight of existing and emerging risks; escalate credit performance quality and direction to appropriate management levels.
- Lead the design and execution of complex financial risk sensitivity analysis.
- Create and manage credit strategy infrastructure and ensure credit strategies are implemented as intended.
- Apply expert programming and analytical techniques to analyze credit data.
- Provide thought leadership, coaching, and mentoring to team members on analytics and risk management.
- Collaborate with key stakeholders to guide and facilitate teams in development and implementation of key initiatives.
- Lead and coach the team to develop analytically derived insights and translate them into strategic plans that significantly impact business results.
- Coach and mentor other analysts and act as a thought leader within the analyst community.
- May have model ownership responsibilities, including accountability for quantitative model requirement definition and/or implementation of advanced credit and/or financial modeling infrastructure.
- Ensure risks associated with business activities are identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.
Requirements
- Bachelor’s degree; OR 4 years of relevant education and/or experience.
- 8 years of experience in an analytical field or work focused on leading analytical projects, advanced analytics, and risk assessments; or leading the analysis and interpretation of complex bank credit risk data to align to team strategy.
- OR an advanced degree in Business Management, Finance, Economics, Engineering, or a Mathematical discipline and 6 years of experience in an analytical field or work focused on leading analytical projects, advanced analytics, and risk assessments; or leading the analysis and interpretation of complex bank credit risk data to align to team strategy.
- Strong understanding of banking regulations and risk and/or compliance.
- Advanced presentation and communication skills.
- Advanced business acumen and attention to detail and accuracy.
- Advanced research and investigation skills and demonstrated good judgment in problem solving.
- Experience influencing cross-functional stakeholders to take action by communicating complex analytical insights and risk-mitigating solutions.
- Experience developing and improving a variety of risk-related reporting.
- Experience coaching and guiding peers on analytics and/or risk management.
- Advanced knowledge of Microsoft Office products, particularly Excel, Word, and PowerPoint.
- Advanced knowledge of data analysis tools, including ability to develop analysis queries and procedures in SQL, SAS, or other business intelligence and analysis software for data segmentation, aggregation, and statistics (e.g., SPS or Visual Basic).
- Knowledge of federal laws, rules, regulations, and applicable guidance, including: FCRA, Reg B, UDAAP/UDAP, OCC Heightened Standards, OCC CREDIT RISK GUIDANCE.
Preferred Qualifications
- Proven ability to develop and communicate data-driven credit strategy recommendations and complex analytical findings to senior leadership and a diverse set of stakeholders, including Credit Risk, Pricing, Product, Legal, Compliance, Underwriting, and Operations.
- Extensive experience translating internal and external industry data into actionable credit and business insights, delivering complex analyses and strategic recommendations that drive informed decision-making.
- Demonstrated expertise in designing and executing credit strategy experiments (e.g., A/B testing, champion/challenger frameworks, and other causal evaluation methodologies), rigorously evaluating outcomes, and continuously optimizing the risk-reward framework to improve portfolio performance.
- 6+ years of experience leveraging SAS, SQL, and other analytical programming languages such as Python to extract, transform, and analyze large-scale datasets, including integrating data across multiple sources, managing varying levels of granularity, resolving data quality issues, and performing advanced joins to create robust analytical datasets.
- Proven experience utilizing AI and LLM-based tools (e.g., GPT-powered copilots and similar technologies) to enhance coding productivity, accelerate analytical workflows, and develop intelligent agents and automation solutions that support risk assessment and strategic decision-making.
- Strong track record of identifying and addressing emerging or ambiguous risk challenges with limited historical precedent, including evaluating credit impacts driven by macroeconomic conditions and policy developments such as inflationary pressures, changes in student loan repayment and collection programs, and shifts in federal government employment.
- Demonstrated leadership in managing portfolio-level credit performance, proactively identifying risk and growth opportunities, and influencing strategy through partnership with senior leaders to achieve sustainable business and risk outcomes.
- Proven experience owning end-to-end credit strategy development, implementation, monitoring, and performance optimization across key customer segments and lending products.
- Demonstrated ability to lead, mentor, and develop junior analysts while driving analytical excellence, fostering collaboration, and elevating team capabilities across complex credit initiatives.
- Demonstrated ability to independently lead multiple high-priority initiatives simultaneously, navigate ambiguity, and deliver high-quality recommendations with limited direction.
Compensation & Benefits
- Compensation range: $164,780 - $314,960
- Paid within the salary range based on experience and market data for the position. Actual salary may vary by location.
- Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the Board of Directors.
- Benefits may include comprehensive medical, dental, and vision plans; 401(k) and pension; life insurance; parental benefits; adoption assistance; paid time off program with paid holidays plus 16 paid volunteer hours; and various wellness programs.
- Career path planning and continuing education support.
Location
- Remote eligible in the continental U.S. with occasional business travel.
- Individuals residing within a 60-mile radius of a company office will be expected to work on-site four days per week.
Additional Information
- This role does not provide visa sponsorship. Do not apply if immigration support will be needed now or in the future (including H-1B, TN, STEM OPT Training Plans, etc.).
- Applications are accepted on an ongoing basis and this posting remains open until the position is filled.
- Equal Opportunity Employer: All qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.